Question: cut. Introduction to Probability in Statistics by 11:59pm Points 10 Submitting an external tool Question A flood insurance company sells policies for $700 per year.

cut. Introduction to Probability in Statistics by 11:59pm Points 10 Submitting an external tool Question A flood insurance company sells policies for $700 per year. If a customer's house is flooded, they are given $250,000 for repairs. The insurance company has calculated the chances that a house is flooded to be over the year. How much 2,500 money can the insurance company expect to make with each policy sold? . Round your answer to the nearest cent. . Enter an expected loss as a negative number. Provide your answer below

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